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Year: 2020

Futu to be Added to the MSCI Hong Kong Small Cap Index

HONG KONG, Nov. 11, 2020 (GLOBE NEWSWIRE) — Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ: FUTU), a leading tech-driven online brokerage and wealth management platform in China, today announced that the Company’s stock will be added to the MSCI Hong Kong Small Cap Index, effective as of market close on November 30, 2020.The MSCI Hong Kong Small Cap Index is compiled by MSCI, a leading provider of research-based indexes and analytics. It is designed to measure the performance of the small cap segment of the Hong Kong market. The index has been widely recognized as a benchmark for global institutional investors to optimize their investment portfolios.About Futu Holdings LimitedFutu Holdings Limited (NASDAQ: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage...

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Great Canadian Gaming Corporation Enters Definitive Agreement to Be Acquired by Funds Managed by Affiliates of Apollo Global Management For C$39.00 Per Share

Sponsorship from Leading Investment Manager to Bring Additional Gaming and Hospitality Expertise to Great CanadianApollo Expresses Support for Safe Reopening and Welcoming Back Team Members in Adherence with All Applicable Health and Safety RestrictionsTORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) — Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or the “Company”) today announced that it has entered into a definitive agreement to be acquired by funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”). Under the terms of the agreement, Apollo Funds will acquire all the outstanding shares of Great Canadian common stock for C$39.00 per share in a transaction with a total enterprise valuation exceeding C$3.3 billion.The purchase price...

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Stryker announces intention to complete acquisition of Wright Medical

Kalamazoo, Michigan, Nov. 10, 2020 (GLOBE NEWSWIRE) — Stryker (NYSE: SYK) announced today that it intends to complete the acquisition of Wright Medical Group N.V. (NASDAQ: WMGI) by effectuating the mergers described in the tender offer statement on Schedule TO filed by Stryker B.V., an indirect, wholly owned subsidiary of Stryker, with the U.S. Securities and Exchange Commission on December 13, 2019, as amended. The previously announced cash tender offer for all outstanding ordinary shares of Wright Medical by Stryker B.V. expired at 5:00 p.m., Eastern Time, on November 10, 2020.  American Stock Transfer & Trust Company, LLC, the depositary for the tender offer, has preliminarily advised Stryker B.V. that as of the expiration time, approximately 124,901,861 Wright Medical ordinary shares, representing approximately 96% of the...

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FTI Announces Agreement with Distributor CHM to Sell Quality, Canadian-Made Face Masks

TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) — FTI Foodtech International Inc. (TSX Venture:FTI) (“FTI”) announces that the company has made an agreement with Canadian Health Team (“CHT”) to sell Canadian-made, Health Canada approved SMT Surgical Level 3 Health Masks.Ready access to Canadian supply will improve supply chain processes, enabling faster distribution across the country. These SMT Surgical Level 3 Health Masks – face masks – are made of soft, three-ply, latex-free, fiberglass-free with Bacterial Filtration Efficiency ≥ 98%. The masks are manufactured in an ISO – 8 Clean Room Facility, meeting ASTM F2100 Standards.ON BEHALF OF THE BOARD OF DIRECTORSWilliam Hullah, PresidentE: info@fti-foodtech.comT: (416) 444-1058For FTI Foodtech International French Inquiries:Remy Scalabrini, Maricom Inc.E: rs@maricom.caT:...

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FTI annonce un accord avec le distributeur CHM afin de vendre des masques de grande qualité fabriqués au Canada

TORONTO, 10 nov. 2020 (GLOBE NEWSWIRE) — FTI Foodtech International Inc. (TSXV: FTI) (« FTI » ou la « Société ») annonce qu’elle a conclu une entente avec Canadian Health Team (« CHT ») pour vendre des masques de protection chirurgicaux SMT de niveau 3 fabriqués au Canada et approuvés par Santé Canada.Un accès facile permettant de se fournir auprès d’une entreprise canadienne améliorera les processus de la chaîne d’approvisionnement, permettant ainsi une distribution plus rapide dans tout le pays. Ces masques de protection chirurgicaux SMT de niveau 3 sont fabriqués à partir de trois couches souples, sans latex, sans fibre de verre et possède un taux d’efficacité de filtration bactérienne ≥ 98%. Les masques sont fabriqués dans une salle blanche ISO – 8, conforme aux normes ASTM F2100.AU NOM DU CONSEIL D’ADMINISTRATION...

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Novoheart Holdings Inc. Receives Securityholder Approval of Going-Private Transaction

VANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) — Novoheart Holdings Inc. (“Novoheart” or the “Company”) (TSXV: NVH) is pleased to announce that the previously announced acquisition by Novomed Limited (the “Purchaser”), a company beneficially owned by entities controlled by Prof. Ronald Li, Dr. Yu Ying Ngan Ng, Chi Wing Ngan and Victor Chang, each a director of the Company, of all the issued and outstanding common shares of Novoheart (“Novoheart Shares”) other than those Novoheart Shares currently owned by certain shareholders who have entered into rollover, voting and support agreements with the Purchaser (the “Rollover Shareholders”), by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”), has been approved by the holders of Novoheart Shares and options (collectively,...

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UPDATE – Cie’s venture studio leads another portfolio company to an accelerated exit

IRVINE, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) —LINQ, a K-12 school management software leader, acquired Titan School Solutions (TITAN)TITAN has been a part of Cie’s venture studio for the past three yearsCie provided strategic focus, product innovation and financial leadership to accelerate TITAN’s growth and bring innovation to the school nutrition and EdTech marketCie, a venture studio and innovation accelerator, announced today that LINQ acquired Titan School Solutions (TITAN). TITAN joined Cie’s venture studio in 2017 where Cie accelerated growth through strategic leadership, corporate development, scalable technology and business growth initiatives. TITAN is a cloud-based software as a service (SaaS) school nutrition management provider which has grown into an industry-leader in school nutrition management solutions. “We’re...

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Imperial Reports Third Quarter 2020 Financial Results

VANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three and nine months ended September 30, 2020, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards. The reporting currency of the Company is the Canadian (“CDN”) Dollar.QUARTER HIGHLIGHTSFINANCIALOn February 20, 2019 the Company initiated a process for the sale of the Red Chris mine, and in accordance with IFRS, the Company classified Red Chris mine as a discontinued operation effective January 1, 2019 until the closing of the transaction with Newcrest on August 14, 2019. Effective August 15, 2019, the results from the Red Chris...

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NuVista Energy Ltd. Provides Third Quarter Operating Results and Provides 2021 Guidance

CALGARY, Alberta, Nov. 10, 2020 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce results for the three and nine months ended September 30, 2020 and provide an update on our future business plans. NuVista continued its decisive action in the face of a challenging year for all of industry, through the progression of our COVID-19 safe operating plan, and the significant reduction of capital, operating, and G&A spending to ensure liquidity and balance sheet protection remain the top priority. We have continued to limit overall production to approximately 50,000 Boe/d for the present period in order to minimize natural production declines and to minimize the capital investment required to maintain flat production.  We have generated free adjusted funds flow which is right on track...

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Northland Power Reports Third Quarter 2020 Results

TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for three and nine months ended September 30, 2020. All dollar amounts are in Canadian dollars, unless otherwise stated.“We continue to execute on our key strategic priorities to position our business for long-term growth and success, despite the ongoing pandemic,” said Mike Crawley, Northland’s President and Chief Executive Officer. “Our business is resilient and performing well, delivering strong operational results in a challenging environment. We are investing in our development pipeline and this quarter we successfully closed the acquisition of three onshore wind development projects in New York State, which is a growth jurisdiction for Northland. We achieved the necessary milestones to capitalize...

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